{"id":87385,"date":"2024-03-12T05:58:54","date_gmt":"2024-03-12T05:58:54","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/indian-woodbased-panel-producers-set-to-do-well-in-2024\/"},"modified":"2025-09-19T09:01:41","modified_gmt":"2025-09-19T09:01:41","slug":"indian-woodbased-panel-producers-set-to-do-well-in-2024","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/indian-woodbased-panel-producers-set-to-do-well-in-2024\/","title":{"rendered":"Indian woodbased panel producers set to do well in 2024"},"content":{"rendered":"

2023 it has been estimated that MDF consumption in India was around 7,000 cubic metres per day and looking ahead it is anticipated that the organised sector will expand capacity as the market outlook is positive.<\/span><\/p>\n

The production capacity for MDF in India is expected to grow at a faster rate in 2024 compared to 2023 fuelled by the arrival of bigger plants and new production lines. Additionally, it is anticipated there will be increased consumer acceptance of domestically produced MDF products, in part stemming from the implementation of\u00a0Bureau of Indian Standards (BIS)\u00a0regulations on quality effective from February 2024.<\/p>\n

There is a steady demand for particleboard in India and production capacity has grown but the industry has seen very good growth in 2023 in terms of capacity addition but the market of particleboard did not show good demand especially in the retail segment.<\/p>\n

The price of particleboard in the domestic market experienced a sharp decline in 2023 and Indian manufacturers know there must be more effort directed to promotion particularly among the burgeoning ready-made office furniture markers where the particleboard industry can make an impact and lift sales.<\/p>\n

With BIS panel regulations coming into force, imported particleboard will face a hurdle that will also create a space for the domestic particleboard industry in India. It is anticipated that improved awareness of particleboard quality standards will rise among consumers driving demand higher.<\/p>","protected":false},"excerpt":{"rendered":"

2023 it has been estimated that MDF consumption in India was around 7,000 cubic metres per day and looking ahead it is anticipated that the organised sector will expand capacity as the market outlook is positive. The production capacity for … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nIndian woodbased panel producers set to do well in 2024 - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/indian-woodbased-panel-producers-set-to-do-well-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian woodbased panel producers set to do well in 2024 - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"2023 it has been estimated that MDF consumption in India was around 7,000 cubic metres per day and looking ahead it is anticipated that the organised sector will expand capacity as the market outlook is positive. 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